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The OPEC+ Deal Was The First Step To $100 Oil

February 14, 2021 by

The U.S. vs China trade war and Brexit “noise” out of Europe have been the driving forces behind the global recession fear. Only a prolonged and severe recession will cause a decline in demand for oil-based transportation fuels and feedstock. So far, there has been no decline in oil demand in the real world, primarily because the U.S. economy is expanding.

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